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Guangdong Yueyun Ups Dividend, Boosts Shareholder Value
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Guangdong Yueyun Ups Dividend, Boosts Shareholder Value

Guangdong Yueyun Transportation Co., Ltd. Class H (HK:3399) has released an update.

Guangdong Yueyun Transportation Co., Ltd. has revised its 2023 profit distribution plan, proposing a final dividend of RMB0.08 per share, reflecting around 32% of the consolidated net profit for 2023. This change demonstrates the company’s commitment to shareholder returns and investor confidence, pending approval at the annual general meeting. The proposed dividend distribution, if approved, will be paid in local or Hong Kong currency by September 27, 2024, with a set record date for shareholder entitlement.

For further insights into HK:3399 stock, check out TipRanks’ Stock Analysis page.

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